Banking Resources in January-August 2023

Sergey A. Zubov – Senior Researcher of the Russian Presidential Academy of National Economy and Public Administration, Сandidate of Economic Sciences, Associate Professor (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The RF Government’s and the Central Bank of Russia’s effective regulation of the credit and financial sector, as well as implementation of the policy on establishment of banking capital provisions have facilitated the banking sector’s sustainability in January-August 2023. Banks’ funding base has considerably increased owing both to growth in enterprises’ bank account balances as a result of budget expenditures funding and an inflow of funds to individuals’ deposits amid growth in households’ incomes in H1 2023.

Key words: Russian banking sector, banking resources, banks’ customer base, households’ resources, corporate resources, Bank of Russia.

JEL-codes: E58, G21, G28.